Printed:October 13, 2017 1:05 pm
Shares of TCS on Friday rose by over 2 per cent whilst the corporate’s web revenue fell within the September quarter. The IT bellwether’s scrip gained 2.23 per cent to Rs 2,605.60 on BSE. At NSE, shares of the corporate went up 2.38 per cent to Rs 2,608.95. India’s largest software program exporter TCS on Thursday reported 2.1 per cent dip in web revenue to Rs 6,446 crore for the September quarter on softness in banking and retail segments, however gave higher steering based mostly on consumer optimism.
The Tata group firm posted a web revenue of Rs 6,586 crore within the year-ago interval. Its income grew four.three per cent year-on-year and three.2 per cent over the previous June quarter to Rs 30,541 crore underneath the Ind AS accounting norms.
The corporate, which is the crown jewel of the USD 104 billion salt-to-software Tata Group, declared a dividend of Rs 7 per share and set October 26 because the document date.
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